Removal from the Sainsbury's Bank and other lender panels: Why they do it and how to get reinstated

  • Breaches of Sainsbury's Bank conveyancing panel requirements
  • Failure to reapply to be on the Sainsbury's Bank convincing panel
  • Significant delays in post completion requirements set by Sainsbury's Bank
  • Sainsbury's Bank may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Recurring delays in registering security on behalf of Sainsbury's Bank Delays or failure to register the Sainsbury's Bank charge may result in referral to external lawyers of Sainsbury's Bank to complete outstanding requirements.

Questions Sainsbury's Bank panel reinstatement firms ask us

  • How often will this firm be required to re-apply to be reinstated on the Sainsbury's Bank conveyancing panel?
  • Can this firm act for Sainsbury's Bank while the application for reinstatement on the Sainsbury's Bank panel is being reviewed? How do I find out if our reinstatement appeal to the Sainsbury's Bank panel is accepted?
  • Are you able to explain why our application for reinstatement was refused?
  • Do any avenues remain open if my firm’s reinstatement panel submission with Sainsbury's Bank is refused?
  • How long does the application process take when applying to revert back onto the Sainsbury's Bank conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Sainsbury's Bank panel reinstatement is to ensure that your firm is not removed off of the Sainsbury's Bank conveyancing panel in the first place.

Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Sainsbury's Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Sainsbury's Bank directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Sainsbury's Bank conveyancing panel.

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